2550 E 40th St, Lorain, OH 44055 Property Records

Lorain County property record for 2550 E 40th St, Lorain, OH 44055 · Last verified April 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1 Baths
Year Built	Built 1975
Square Footage	864 sqft Living Area
Lot Size	6,534 sqft (0.15 acres)
Garage	Detached, 308 sqft
Last Sale	$21,500 (2011)
Tax Bill	$1,213.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`03-00-079-104-003`

Interior

Bedrooms	3 Beds
Full Baths	1 Baths
Total Rooms	5 Rooms
Building Area	864 sqft Living Area
1st Floor	864 sqft 1st Floor
Family Room	Family Room
Stories	1 Stories

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1975
Architectural Style	Conventional Style
Exterior Material	Aluminum/Vinyl Exterior
Construction Type	Frame Construction
Lot Area	6,534 sqft (0.15 acres)
Depth X Width	115 ft x 57 ft Depth x Width
Parking Spaces	1 Parking Spaces
Garage Type	Detached Garage
Garage Area	308 sqft Garage
Patio Area	77 sqft Patio
Porch	Porch
Canopy Area	165 sqft Canopy

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating
Heating Fuel	Gas Heating Fuel
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Street Address	2550 E 40TH ST
City	LORAIN
State	OH
Zip	44055-2817
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	HOMEWOOD 60 X 120
Legal Subdivision	HOMEWOOD
Legal Block	104
Legal Lot Number	295
Jurisdiction	LORAIN OH
Minor Civil Division	LORAIN
Census Blockgroup	1
Census Block	1016
Census Tract	97500

Owner

Source: Lorain County records · APN 03-00-079-104-003

Assessment roll updated May 16, 2025 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	5050 DETROIT RD, SHEFFIELD VILLAGE, OH 44035-1464
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Mar 17, 2011 · Amount on Record
Deed Sale	Mar 17, 2011 · Amount on Record
Prior Sale	Jun 24, 2005 · Amount on Record
Deed Doc Number	2011367581
Record Refreshed	Jun 08, 2026

Tax Assessment & Valuation

Source: Lorain County records · Assessment roll updated May 16, 2025 · Last verified April 2026

Property Jurisdictions

Type	Name
State	Ohio
County	Lorain County
Municipality	Lorain City
Unified School District	Lorain City School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,153.00 (-4.95%)	$28,720 (+0.01%) Land $10,280 Building $18,440	$82,050 (-) Land $29,360 Building $52,690
2024	$1,213.00 (+50.5%)	$28,718 (+88.06%) Land $10,276 Building $18,442	$82,050 (+88.06%) Land $29,360 Building $52,690
2023	$806.00 (+0.88%)	$15,271 (+0.01%) Land $6,157 Building $9,114	$43,630 (-) Land $17,590 Building $26,040
2022	$799.00	$15,270 Land $6,160 Building $9,110
2021			$43,630 Land $17,590 Building $26,040

Flood & Wildfire

2550 E 40th St is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Lorain County (39093C), updated May 25, 2026

FEMA Flood Zone	Zone X minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard Area	No

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.